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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

& 287 Nwq - Ovilla Rd Waxahachie, TX 75167

38.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 38.16-acre retail property presents a remarkable investment opportunity in the thriving city of Waxahachie, Texas. Located at the intersection of Ovilla Road and Highway 287, this site boasts unparalleled visibility and accessibility, ensuring high traffic volume and significant exposure for any commercial venture. The property is zoned GR, offering flexibility for a wide range of retail developments. Its expansive size allows for substantial building potential, accommodating large-scale retail projects or the creation of a mixed-use development. The strategic location within Ellis County, Texas, provides easy access to major transportation arteries, connecting businesses to a large and growing consumer base. This prime location offers significant advantages for businesses seeking to establish a strong presence in a dynamic market. The property's size and zoning make it ideal for a variety of retail concepts, from large format stores to smaller shop clusters. With its high visibility and convenient access, this property is poised for exceptional success. The 75167 zip code further underscores the property's location within a rapidly developing area, making it an attractive proposition for investors and developers alike. This is a rare opportunity to acquire a substantial parcel of land in a prime retail location. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Lot 38.16 ac (1,662,250 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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